Active

Listed by: Welcome Home Real Estate • Mark Noble

$200,000

74 Traverse Place, Rutland City, VT 05701

--beds

--baths

0.73Acres

Unimproved Land

Built in ----

0.73 Acres Lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Easy access

Unlock the potential of this prime 0.73-acre parcel in the heart of Rutland City—a ready-to-go investment project ideal for developers or portfolio builders. Current engineering plans support either of the following configurations: Two 2-story buildings with a total of 9 spacious residential units, OR Up to 20 efficiency apartments—perfect for maximizing rental income and meeting local housing demand. Ample on-site parking included, and the lot is well-positioned with easy access and infrastructure planning underway. Located just minutes from shopping, restaurants, and public transit, this property offers a highly desirable location for tenants and investors alike. Whether you're looking to develop workforce housing, student rentals, or a small apartment complex, this flexible project allows you to take the reins and bring your vision to life.

308 days

25

1

Facts & features

Property

Features

Frontage length: Road frontage: 99

Lot

Size: 0.73 Acres
Features: Near Golf Course, Neighborhood, City Lot, Condo Development, Level, Rental Complex

Details

Parcel number: 54017014098
Zoning description: mixed residential

Utilities & green energy

Electric: At Street
Sewer: Public Sewer at Street
Utilities for property: Cable Available, Phone Available

Community & HOA

Location

Region: Rutland

Financial & listing details

Tax assessed value: $30,100
Annual tax amount: $1,039
Date on market: 9/5/2025
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

$2,300/mo

Price history

Date	Event	Price
9/5/2025	Listed for sale	$200,000+344.4%
Source: PrimeMLS #5059844 Report a problem
12/14/2020	Sold	$45,000
Source: PrimeMLS #4810925 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	--	$30,100
2023	--	$30,100
2022	--	$30,100
2021	--	$30,100
2020	--	$30,100
2019	--	$30,100
2018	--	$30,100
2017	--	$30,100
2016	--	$30,100 +9900%
2015	--	$301
2014	--	$301

Find assessor info on the county website

Monthly payment

Estimated monthly payment$1,822

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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